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Block Sets Aside $764 Million for DOJ Probe Over Anti-Money Laundering Lapses

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Block reaches deferred prosecution agreement with DOJ over money laundering

Block, the parent company of Cash App and Square, entered a three-year deferred prosecution agreement with the Department of Justice over money laundering charges, requiring the company to demonstrate improvements to its anti-money laundering program.

Nov 3, 2026·2 sourcesCrypto enforcement actionsAnti-money laundering (AML)
Block reaches deferred prosecution agreement with DOJ over money laundering
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Block reaches three-year deferred prosecution agreement with DOJ over money laundering charge